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Next is the Real Estate Agent segment.
In the fiscal year ended March 31, 2020, this segment recorded an increase in both revenue and profit chiefly due to a rise in the number of transactions in the real-estate sales agent business and an increase in sales of properties that it has developed.
For the fiscal year ending March 31, 2021, both revenue and profit are forecast to fall, given an expected decrease in revenue in the real-estate sales agent business due to the scaling down of operations as a result of the spread of the coronavirus.
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